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Why Apple Is Preparing to Let You Subscribe to Your iPhone

Apple’s iPhone 13 Pro.

Apple’s iPhone 13 Pro.

Photographer: Brent Lewin/Bloomberg

Apple’s in-the-works iPhone hardware subscription service will squeeze more revenue from its giant user base. Also: The company is building its own financial infrastructure to reduce its reliance on partners. 

Last week on Power On: Why Apple should bring TV+ and other services to Android phones and tablets.